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There’s a very slight problem with asteroid mining

Much excitement as the US decides that it’s just fine if people go space mining. Which is interesting of course, for the UN rules say that while you’re entirely free to go mining you’re not to do it for a profit, it must be “for the benefit of all”.

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About Us

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The Adam Smith Institute is one of the world's leading think tanks. Independent, non-profit and non-partisan, it works to promote libertarian and free market ideas through research, publishing, media commentary, and educational programmes. The Institute is today at the forefront of making the case for free markets and a free society in the United Kingdom.

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Ayn Rand Lecture 2015

ARL 2015 front

We are delighted to announce that the Adam Smith Institute’s 2015 Ayn Rand Lecture will be held on Tuesday, November 17th, and delivered by Ken Moelis, Chairman and CEO of Moelis & Company.

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Recent Research

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Power Up

As the new government considers its energy policy agenda, and in light of the Competition Markets Authority (CMA) review of electricity market competition, now is a good time to consider the effects of OFGEM’s current regulatory framework on actual market outcomes for consumers.

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Free Market Welfare: The Case for a Negative Income Tax

Britain’s welfare system is overcomplicated, wasteful and counterproductive. In Free Market Welfare, Michael Story makes the case for merging most working-age benefits into a Negative Income Tax – a single, tapered payment that tops up the wages of the working poor and guarantees that work always pays.

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Utility Gains

This paper assesses the various utility sales of telecoms, gas, water and electricity companies during the 1980’s and 1990’s and looks at how government, shareholders and customers fared since the privatisation process.

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